Despite all difficulties, hardships, security and political turmoil, Egypt's economy managed to achieve a 4.1% growth!
The World Bank released its MENA economic monitor where it evaluates the economic performance of Middle Eastern countries.
Egypt showed signs of great hope in the report, the devaluation of the Egyptian pound in November 2016 had a great impact on the economy, allowing a significant increase in foreign currency reserves, eliminating parallel markets and made Egypt more attractive to investors.
To read the full assessment of Egypt, you can download the paper
The World Bank released its MENA economic monitor where it evaluates the economic performance of Middle Eastern countries.
Egypt showed signs of great hope in the report, the devaluation of the Egyptian pound in November 2016 had a great impact on the economy, allowing a significant increase in foreign currency reserves, eliminating parallel markets and made Egypt more attractive to investors.
To read the full assessment of Egypt, you can download the paper
